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CONSOLIDATED STATEMENTS OF OPERATIONS
¥ in Thousands, $ in Thousands
12 Months Ended
Feb. 28, 2023
CNY (¥)
¥ / shares
shares
Feb. 28, 2023
USD ($)
$ / shares
shares
Feb. 28, 2022
CNY (¥)
¥ / shares
shares
Feb. 28, 2021
CNY (¥)
¥ / shares
shares
Revenue        
Total Revenue ¥ 34,216 $ 4,936 ¥ 250,223 ¥ 280,282
Cost of revenue (19,922) (2,874) (149,615) (168,832)
Gross profit 14,294 2,062 100,608 111,450
General and administrative expenses (45,291) (6,533) (85,298) (116,972)
Sales and marketing expenses (4,668) (673) (22,045) (30,953)
Lease termination loss     (7,046)  
Impairment loss on intangible assets and goodwill     (44,562)  
Impairment loss on other long-lived assets 0   (7,871) 0
Operating loss (35,665) (5,144) (66,214) (36,475)
Subsidy income 1,412 204 2,298 11,898
Gain from disposal of liabilities and a subsidiary     4,048  
Interest income, net 2,284 329 3,230 3,403
Other income (expenses), net (526) (76) (3,501) 1,900
Loss before income taxes and loss from equity method investments (32,495) (4,687) (60,139) (19,274)
Income tax expense (993) (143) (21,843) (4,760)
Loss from equity method investments     (36,750) (3,852)
Net loss (33,488) (4,830) (118,732) (27,886)
Less: Net income (loss) attributable to non-controlling interests (3,822) (551) (5,270) 310
Net loss attributable to Four Seasons Education (Cayman) Inc. ¥ (29,666) $ (4,279) ¥ (113,462) ¥ (28,196)
Net income (loss) per ordinary share:        
- Basic | (per share) ¥ (1.40) $ (0.20) ¥ (5.04) ¥ (1.22)
- Diluted | (per share) ¥ (1.40) $ (0.20) ¥ (5.04) ¥ (1.22)
Weighted average shares used in calculating net loss per ordinary share:        
- Basic | shares 21,234,763 21,234,763 22,491,122 23,131,195
- Diluted | shares 21,234,763 21,234,763 22,491,122 23,131,195
Revenue From Third Parties        
Revenue        
Total Revenue ¥ 26,556 $ 3,831 ¥ 249,274 ¥ 277,806
Revenue From Related Parties        
Revenue        
Total Revenue ¥ 7,660 $ 1,105 ¥ 949 ¥ 2,476